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Definition
| Obtains goods from wholesalers to sell to consumers |
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Definition
| Obtains goods from suppliers to sell to retailers |
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Definition
| Sells a variety of goods and services in a single store |
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Term
| warehouse club and super store |
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Definition
| Offers price advantages and wide product selection to its members |
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Definition
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Sells certain lines of merchandise at below-average prices
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Sells used merchandise at reduced prices
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The quality of being frugal, using resources wisely
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Sell goods and services for specialized purposes
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Definition
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Salesperson comes to home, either by invitation or not
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Definition
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Shopper calls on telephone to buy goods listed in a catalog
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Definition
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Seller calls on telephone to sell goods or services
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Shopping in response to ads on television
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Buying goods and services on the Internet, including Internet auctions
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Definition
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Being able to depend on a person or business to back up their claims
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Definition
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Special consumer features offered by a store or other seller
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Definition
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Buying on the spur of the moment, without planning
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Term
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Definition
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A guarantee that a product will perform up to specified standards; four types are implied, written, full, and limited warranties
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Term
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Definition
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A total expected cost, in writing, for performing a service
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Definition
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Gives authority to a service provider to perform services
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Definition
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Legally binding papers signed by all parties in an agreement
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Definition
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Guarantees certain quality standards of performance
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